Settings8H · net · $10k
Funding arb · Price arb /

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Paradex against Polymarket Perps−0.012%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BRENTOIL-USD97.4590.0050pay 0.0006% / 1h6m 33s$1.6M$395K20x
ShortParadex BZ-USD-PERP97.4470.0050get 0.0050% / 8h6m 33s$2K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Polymarket Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.05
Price spread: −0.012% → 0.000%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$13.24
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 2 min ago2.72 bp6.7 bp −$76.7 bp −$6715.9 bp −$1,594doesn't fit
Sell Paradex no order-book sample
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BZ on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h96.342−1.146%$8K$7K30xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0160%1h97.470+0.011%$100K$256K15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.022%$237K$402K15xas long as short
Ondo Perps BRENT-USD.P−0.0014%1h97.370−0.091%$3.1M$1.0M15xas long as short
Aster BZUSDT0.0000%4h97.468+0.010%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.430−0.030%$148.4M$351.2M100xas long as short
Bybit BZUSDT0.0000%8h97.420−0.040%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.410−0.050%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.409−0.052%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.380−0.081%$9.2M$11.2M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.450−0.009%$27.9M$18.5M100xas long as short
Variational Omni BZ0.0000%4h97.183−0.283%$9.4M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.187−0.279%$14K$332K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.450−0.009%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.430−0.030%$280K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.470+0.011%$1.2M$86K100xas long as short
Vest BZ-PERP+0.0010%1h101.47+4.116%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.017+0.573%as long as short
edgeX BZUSDC+0.0020%4h97.166−0.301%$223K$228K20xas long as short
Lighter BRENTOIL+0.0032%1h97.440−0.019%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.467+0.008%$742K$2.9M10xas long as short
BloFin BZ-USDT+0.0048%4h97.430−0.030%$1.5M$99K50xas long as short
Paradex BZ-USD-PERPshort+0.0050%8h97.447−0.012%$2K$1K5x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.445−0.014%$155.6M$115.1M20xas long as short
Polymarket Perps BRENTOIL-USDlong+0.0050%1h97.459long leg$1.6M$395K20x
Aftermath Perps BRENTUSD+0.0080%1h97.286−0.178%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.420−0.040%$3.8M$801K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.230−0.235%$25K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.466+0.008%$82K$200K20xas long as short
Hotstuff BRENTOIL-PERP+0.0176%1h97.500+0.042%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.475+0.016%$116K111xas long as short